1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
viktelen [127]
3 years ago
5

The principle that each World Trade Organization member must accord to all other member countries tariff treatment no less favor

able than it provides to any other country is known as the __________ principle.
Business
1 answer:
Firdavs [7]3 years ago
8 0

Answer:

Most favoured nation principle

Explanation:

Most favoured nation (MFN) clause of the World Trade Organisation requires that when a nation trades with others the concessions, immunities, and privileges granted to one nation should be the the same granted to all WTO members.

It discourages discrimination where one nation in international trade is favoured above another.

For example if Ghana reduces tariff on trades with South Africa it is expected that tariffs to other WTO nations will also be reduced to 3%.

Exceptions to this principle are for developing nations, regional free trade areas, and custom unions.

You might be interested in
A manager desires to increase the cohesiveness and productivity of project teams. what should he do for the​ groups?
Vadim26 [7]
Managers can increase cohesiveness in teams through encouraging people to have face-to-face exchanges at work. They should mandate through verbal and non-verbal actions. They should be hands-on in every detail of the company.
6 0
3 years ago
The answers to an economy's three central economic problems are determined by the interaction of three forces: economic forces,
jeka57 [31]

Correct/Complete Question:

The answers to an economy's three central economic problems are determined by the interaction of three forces: economic forces, political forces, and social forces. True or False

Answer:

True

Explanation:

The above forces, economic, political and social determine the answers to the three economic problems and also determines how economic forces operate in an economy. The three economic questions are;

 -  What goods and services should be produced?

 -  How should these goods and services be produced?

 -  Who consumes these goods and services?

Political forces are forces that influence the economic and political stability of the market. Social forces include cultural influences on the economic stability of the market. Economic forces on the other hand are the factors that determine/influence the competitiveness of the market in which a firm operates.

I hope this helps.

5 0
3 years ago
A project has an initial cost of $44,000. Expected cash flows as a result of this project are projected as indicated below. Calc
maksim [4K]

Answer:

It will take 5 years and 99 days to recover for the initial investment at a discount rate of 9%.

Explanation:

Giving the following information:

Project X t Cash Flows

0 -44,000

1 10,000

2 10,000

3 15,000

4 18,000

5 15,000

<u>The payback period is the time required to cover for the initial investment. We need to discount each cash flow using the following formula:</u>

PV= Cf/(1+i)^n

Year 1= 10,000/1.09= 9,174.31 - 44,000= -34,825.69

Year 2= 10,000/1.09^2= 8,416.80 - 34,825.69= -26,408.89

Year 3= 15,000/1.09^3= 11,582.75 - 26,408.89= 14,826.14

Year 4= 18,000/1.09^4= 12,751.65 - 14,826.14= - 2,074.49

Year 5= 15,000/1.09^5= 9,748.97 - 2,074.49= 7,674.48

<u>To be more accurate:</u>

(2,074.49/7,674.48)*365= 99

It will take 5 years and 99 days to recover for the initial investment at a discount rate of 9%.

8 0
3 years ago
Attitudes are a person's lasting evaluations of objects <br> True false
kkurt [141]

Answer:

False

Explanation:

7 0
2 years ago
Hero Company produces a single product. Following is cost information:
nadya68 [22]

Answer

25000 rounded

Explanation:

3 0
2 years ago
Other questions:
  • The three legal forms of business ownership are _____.
    10·2 answers
  • Why has the use of polling increased greatly in america? what are the negative aspects, if any?
    9·1 answer
  • A client heard through its hotline that John, the purchases journal clerk, periodically enters fictitious acquisitions. After Jo
    12·1 answer
  • Use the information in the schedules above to draw this​ economy's production function. Label it. Draw a point to show equilibri
    6·1 answer
  • Providing an analysis for a company regarding adding a particular product line, retracting sales markets, or dealing with risks
    10·1 answer
  • Bramble Corp. purchased equipment for $48800. Sales tax on the purchase was $2928. Other costs incurred were freight charges of
    9·1 answer
  • What is the step by step process of making money in the united states?
    14·1 answer
  • You find a zero coupon bond with a par value of $10,000 and 13 years to maturity. If the yield to maturity on this bond is 4.9 p
    13·1 answer
  • Flexibility of practice when applied to managerial accounting means that: Multiple Choice The information must be presented in e
    9·1 answer
  • 2. What are some ways you should categorize your financial documents (choose all that apply)
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!